Insider Selling: Nubian Resources Ltd. (CVE:NBR) Insider Sells 500,000 Shares of Stock

Nubian Resources Ltd. (CVE:NBR) insider Athena Gold Corporation sold 500,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of C$0.06, for a total transaction of C$30,000.00.

Athena Gold Corporation also recently made the following trade(s):

• On Friday, July 19th, Athena Gold Corporation sold 1,169,666 shares of Nubian Resources stock. The shares were sold at an average price of C$0.06, for a total transaction of C$70,179.96.

Nubian Resources Stock Up 8.3 %

Shares of CVE NBR traded up C$0.01 during midday trading on Friday, reaching C$0.07. 21,000 shares of the company’s stock traded hands, compared to its average volume of 85,037. The company has a market cap of C$4.12 million, a price-to-earnings ratio of -1.30 and a beta of 0.87. The stock’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.06. The company has a quick ratio of 10.34, a current ratio of 12.82 and a debt-to-equity ratio of 5.41. Nubian Resources Ltd. has a one year low of C$0.03 and a one year high of C$0.09.

Nubian Resources Company Profile

Nubian Resources Ltd. engages in the exploration and evaluation of mineral properties in Australia, Peru, and the United States. It explores for gold, silver, lead, copper, and zinc deposits. The company was formerly known as ICS Copper Systems Ltd. and changed its name to Nubian Resources Ltd. in February 2011.